Violation Tracker Individual Record
Company:
Ford Motor Credit
Current Parent Company:
Ford Motor
Penalty:
$10,275,000
Year:
2006
Date:
June 5, 2006
Offense Group:
consumer-protection-related offenses
Primary Offense:
discriminatory practices (non-employment)
Violation Description:
To resolve allegations that it discriminated against minority customers, Ford Motor Credit agreed to reform its practices and implement a diversity marketing initiatives that included offers of credit and financial incentives to affected parties, but no value was put on the program. The company also agreed to pay $125,000 to class representatives, $2 million for consumer education and $8.15 million for plaintiff's legal fees and expenses.
Level of Government:
federal
Action Type:
private litigation
Court:
Southern District of New York
Civil or Criminal Case:
civil
Case ID:
1:00-cv-8330
Case Name:
Jones, et al v. Ford Motor Credit
Private Lawsuit Resolution Type:
settlement
HQ Country of Parent:
USA
HQ State of Parent:
Michigan
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
motor vehicles
Specific Industry of Parent:
motor vehicles
Source of Data:
Link to PACER Case Docket (must be logged in):
Link to Archived Court Document:
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
